Monday Predictions: Food Industry
It’s hard to say why I care, but I’ve worked in hospitality for while, and I pay attention to trends, let’s call this 3 to 5 years for the restaurant/food industry:
- Someone will build a national brand of Latino Supermarkets. Either Kroger or Whole Foods will buy them.
- Someone will build a national brand of Indian food (a la Pei Wei or similar)
- Panda Express will become the national brand for budget chinese.
- A quick-service restaurant will use Apples mobile checkout’s to take orders. A competitor (possibly Panera) will put touchscreen order-kiosks at the tables.
Don’t forget the meteoric rise and fall of “Sweet CeCe’s”. The growth can’t keep up forever.
I just learned that we have yet another fro yo chain coming to town : Menchie’s. I think the Sweet Cece’s folks are just trying to set up a strong D as more competitors come to town.